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WaPo columnist rains hell on Trump’s latest ‘quack-tastic’ Federal Reserve nominee

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President Donald Trump is reportedly planning to nominate former presidential candidate Herman Cain to serve on the Federal Reserve, which has prompted Washington Post economics columnist Catherine Rampell to write a scathing takedown of the former pizza chain mogul’s views of monetary policy.

In her column, Rampell calls Cain’s views on economics “quack-tastic” and says that he would be unfit to serve on the Fed even if he didn’t have a long list of sexual harassment allegations dogging him.

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“Perhaps the bigger issue is that Cain has said — repeatedly — that the United States should return to the gold standard,” she writes. “This stance is one Moore has also intermittently espoused, and it has been roundly rejected by actual economic experts. That includes, for instance, every single economist surveyed by the University of Chicago’s IGM Economic Experts Panel.”

Rampell also notes that Cain has gotten involved in right-wing grift schemes ever since his presidential campaign went down in flames in 2012.

“Cain spent the years following his failed presidential campaign spamming his email followers with snake-oil scams, promising ‘weird tricks’ that would make his followers get rich quick or ‘naturally’ cure their erectile dysfunction,” she writes. “Of course, such grifting might enhance Cain’s candidacy in Trump’s eyes, but it hardly bodes well for a man seeking to join an institution with consumer protection duties.”

Read the whole column here.

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2020 Election

Taylor Swift could swing 2020 against Donald Trump — a GOP consultant did the math

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Singer Taylor Swift could play a key roll in the 2020 presidential election, a Republican strategist explained on MSNBC on Saturday.

Swift has been public in her criticism of President Donald Trump and told Vanity Fair she is intent to "do everything I can for 2020."

Republican strategist Evan Siegfried was asked about Swift's activism by MSNBC anchor Alison Morris.

"At the same time, Taylor Swift did to something very good, urging people to register to vote months before the election," he noted. "A lot of young people did that."

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Hope Hicks considered a ‘pariah’ in Hollywood after working for Trump: She’s wearing the ‘scarlet T’

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Former White House communications director Hope Hicks has received a frosty reception in Hollywood, where she moved after leaving the administration.

Hicks is currently working as the chief communications officer for the Fox Corporation -- the parent company of Fox News.

But having worked for Donald Trump haunts Hicks, Graydon Carter's newsletter Airmail revealed in an article titled, "Hix Pix Fox Flix: Ex–Trump whisperer Hope Hicks spins the Hollywood liberal establishment."

"If you’re young, beautiful, have a power job, money to play with, and a Brentwood Zip Code, Los Angeles can be a lot of fun. Unless you’ve got Donald Trump’s name on your résumé. The scarlet T burns bright in Hollywood," Shawn McCreesh reported.

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Warren accuses Congress of complicity in Trump’s continued abuses

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Sen. Elizabeth Warren accused the U.S. Congress of complicity in President Donald Trump's continued abuse of power late Friday, after reports surfaced of his alleged attempts to solicit foreign meddling in the 2020 presidential election, and reiterated her demand that Democrats use their majority in the House to pursue impeachment.

Warren's tweeted statement came hours after the Wall Street Journal reported that Trump urged Ukrainian President Volodymyr Zelensky to investigate former Vice President Joe Biden's opposition to a Ukrainian prosecutor in 2016.

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